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AES Corporation（AES）与Ametek（AME）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是Ametek的1.6倍（$3.1B vs $2.0B），Ametek净利率更高（19.9% vs 10.3%，领先9.6%），Ametek同比增速更快（13.4% vs 4.7%），Ametek自由现金流更多（$527.3M vs $-47.0M），过去两年Ametek的营收复合增速更高（7.3% vs 0.3%）
AES公司是美国知名公用事业及发电企业，总部位于弗吉尼亚州阿灵顿，位列《财富》全球500强。集团在全球15个国家运营电力生产及分销业务，持有并运营多座发电厂，向终端用户、公用事业机构、工业设施等客户售电，全球员工总数达10500人。
AMETEK Inc.是美国跨国综合企业，为全球知名的电子仪器及机电设备设计商与制造商，总部位于美国，在全球范围内设有超过150个运营站点，业务覆盖多个国家和地区，为各行业客户提供高性能的相关产品及配套解决方案。
AES vs AME — 直观对比
营收规模更大
AES
是对方的1.6倍
$2.0B
营收增速更快
AME
高出8.8%
4.7%
净利率更高
AME
高出9.6%
10.3%
自由现金流更多
AME
多$574.3M
$-47.0M
两年增速更快
AME
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.0B |
| 净利润 | $320.0M | $398.6M |
| 毛利率 | 18.8% | 36.0% |
| 营业利润率 | -8.7% | 25.3% |
| 净利率 | 10.3% | 19.9% |
| 营收同比 | 4.7% | 13.4% |
| 净利润同比 | -42.9% | 2.9% |
| 每股收益（稀释后） | $0.45 | $1.73 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AESAME
| Q4 25 | $3.1B | $2.0B | ||
| Q3 25 | $3.4B | $1.9B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $2.9B | $1.7B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.3B | $1.7B | ||
| Q2 24 | $2.9B | $1.7B | ||
| Q1 24 | $3.1B | $1.7B |
净利润AESAME
| Q4 25 | $320.0M | $398.6M | ||
| Q3 25 | $639.0M | $371.4M | ||
| Q2 25 | $-95.0M | $358.4M | ||
| Q1 25 | $46.0M | $351.8M | ||
| Q4 24 | $560.0M | $387.3M | ||
| Q3 24 | $502.0M | $340.2M | ||
| Q2 24 | $185.0M | $337.7M | ||
| Q1 24 | $432.0M | $310.9M |
毛利率AESAME
| Q4 25 | 18.8% | 36.0% | ||
| Q3 25 | 21.9% | 36.3% | ||
| Q2 25 | 15.9% | 35.8% | ||
| Q1 25 | 15.1% | 36.1% | ||
| Q4 24 | 14.2% | 36.6% | ||
| Q3 24 | 22.0% | 36.0% | ||
| Q2 24 | 18.8% | 36.0% | ||
| Q1 24 | 20.1% | 34.1% |
营业利润率AESAME
| Q4 25 | -8.7% | 25.3% | ||
| Q3 25 | 9.8% | 25.8% | ||
| Q2 25 | 1.4% | 26.0% | ||
| Q1 25 | -0.8% | 26.3% | ||
| Q4 24 | 12.3% | 26.6% | ||
| Q3 24 | 10.0% | 26.1% | ||
| Q2 24 | -2.6% | 25.8% | ||
| Q1 24 | 9.0% | 24.0% |
净利率AESAME
| Q4 25 | 10.3% | 19.9% | ||
| Q3 25 | 19.1% | 19.6% | ||
| Q2 25 | -3.3% | 20.2% | ||
| Q1 25 | 1.6% | 20.3% | ||
| Q4 24 | 18.9% | 22.0% | ||
| Q3 24 | 15.3% | 19.9% | ||
| Q2 24 | 6.3% | 19.5% | ||
| Q1 24 | 14.0% | 17.9% |
每股收益（稀释后）AESAME
| Q4 25 | $0.45 | $1.73 | ||
| Q3 25 | $0.89 | $1.60 | ||
| Q2 25 | $-0.15 | $1.55 | ||
| Q1 25 | $0.07 | $1.52 | ||
| Q4 24 | $0.78 | $1.67 | ||
| Q3 24 | $0.71 | $1.47 | ||
| Q2 24 | $0.27 | $1.45 | ||
| Q1 24 | $0.60 | $1.34 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.6B | $458.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $4.1B | $10.6B |
| 总资产 | $51.8B | $16.1B |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资AESAME
| Q4 25 | $1.6B | $458.0M | ||
| Q3 25 | $1.8B | $439.2M | ||
| Q2 25 | $1.4B | $619.7M | ||
| Q1 25 | $1.8B | $399.0M | ||
| Q4 24 | $1.6B | $374.0M | ||
| Q3 24 | $2.0B | $396.3M | ||
| Q2 24 | $1.8B | $396.6M | ||
| Q1 24 | $2.4B | $373.8M |
总债务AESAME
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AESAME
| Q4 25 | $4.1B | $10.6B | ||
| Q3 25 | $3.9B | $10.5B | ||
| Q2 25 | $3.4B | $10.4B | ||
| Q1 25 | $3.5B | $10.0B | ||
| Q4 24 | $3.6B | $9.7B | ||
| Q3 24 | $3.3B | $9.6B | ||
| Q2 24 | $3.1B | $9.3B | ||
| Q1 24 | $2.9B | $9.0B |
总资产AESAME
| Q4 25 | $51.8B | $16.1B | ||
| Q3 25 | $50.8B | $16.2B | ||
| Q2 25 | $48.5B | $15.3B | ||
| Q1 25 | $48.6B | $14.9B | ||
| Q4 24 | $47.4B | $14.6B | ||
| Q3 24 | $50.1B | $14.8B | ||
| Q2 24 | $47.7B | $14.8B | ||
| Q1 24 | $47.0B | $14.9B |
负债/权益比AESAME
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.5B | $584.3M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $527.3M |
| 自由现金流率自由现金流/营收 | -1.5% | 26.4% |
| 资本支出强度资本支出/营收 | 49.5% | 2.9% |
| 现金转化率经营现金流/净利润 | 4.65× | 1.47× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $1.7B |
8季度趋势，按日历期对齐
经营现金流AESAME
| Q4 25 | $1.5B | $584.3M | ||
| Q3 25 | $1.3B | $440.9M | ||
| Q2 25 | $976.0M | $359.1M | ||
| Q1 25 | $545.0M | $417.5M | ||
| Q4 24 | $1.1B | $550.0M | ||
| Q3 24 | $985.0M | $487.2M | ||
| Q2 24 | $392.0M | $381.4M | ||
| Q1 24 | $287.0M | $410.2M |
自由现金流AESAME
| Q4 25 | $-47.0M | $527.3M | ||
| Q3 25 | $-511.0M | $420.0M | ||
| Q2 25 | $-356.0M | $329.8M | ||
| Q1 25 | $-709.0M | $394.5M | ||
| Q4 24 | $-639.0M | $498.3M | ||
| Q3 24 | $-847.0M | $460.9M | ||
| Q2 24 | $-1.3B | $360.0M | ||
| Q1 24 | $-1.9B | $382.6M |
自由现金流率AESAME
| Q4 25 | -1.5% | 26.4% | ||
| Q3 25 | -15.2% | 22.2% | ||
| Q2 25 | -12.5% | 18.5% | ||
| Q1 25 | -24.2% | 22.8% | ||
| Q4 24 | -21.6% | 28.3% | ||
| Q3 24 | -25.8% | 27.0% | ||
| Q2 24 | -43.9% | 20.8% | ||
| Q1 24 | -60.3% | 22.0% |
资本支出强度AESAME
| Q4 25 | 49.5% | 2.9% | ||
| Q3 25 | 54.0% | 1.1% | ||
| Q2 25 | 46.7% | 1.6% | ||
| Q1 25 | 42.9% | 1.3% | ||
| Q4 24 | 58.3% | 2.9% | ||
| Q3 24 | 55.7% | 1.5% | ||
| Q2 24 | 57.3% | 1.2% | ||
| Q1 24 | 69.6% | 1.6% |
现金转化率AESAME
| Q4 25 | 4.65× | 1.47× | ||
| Q3 25 | 2.03× | 1.19× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | 11.85× | 1.19× | ||
| Q4 24 | 1.94× | 1.42× | ||
| Q3 24 | 1.96× | 1.43× | ||
| Q2 24 | 2.12× | 1.13× | ||
| Q1 24 | 0.66× | 1.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AES
| Electric Distribution | $1.0B | 33% |
| Regulated Revenue | $1.0B | 33% |
| Renewables | $786.0M | 25% |
| AES Andes | $225.0M | 7% |
| Corporate Other And Other | $38.0M | 1% |
| Other Expense | $10.0M | 0% |
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
